Comstock Inc (LODE)

[Darwind]

If it makes you guys feel any better I just bought some at 3.13 and I'm already loaded up to the gills but I will buy more if we dip further.
The press release was nothing but net IMO. I think everyone is asleep at the wheel right now. Also folks seam to be waiting out this gold correction in general. I like these quotes in particular...


"This first hole not only corroborated, at more significant depths, our conceptual model but also discovered multiple, previously unknown anomalous silver zones that will be further explored."

"We were pleasantly surprised by the depth of the previously unknown mineralization coming from the Dayton Resource Area's initial drill results. In addition to supporting the future development of a second mine plan, our initial drill hole provides strong evidence for a meaningful expansion of the known, existing near surface resource. We are very much looking forward to continued, focused drilling in this area."

Three RC holes, totaling 2,695 feet, were drilled to the north and west of the Company's existing heap leach facility in American Flat. The holes had two purposes: first, to test for near-surface mineralization in areas designated for possible heap leach expansion; and second, to assess water availability to meet the needs of an expanded heap leach operation. The holes were successful on both counts. No significant mineralization was encountered, and all three holes encountered water inflows during drilling operations.

Mr. Corrado De Gasperis, Comstock Mining Chief Executive Officer, stated, "The development drilling in the Lucerne Area and American Flat represented critical prerequisites for commencing commercial mining and processing. Our team completed an efficient execution of these immediate objectives."

It's ALL GOOD!

Cheers,

D